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According to statistics, the population in Ridgefield, CT amounts to 7,929, which shows growth 5% compared to the previous year. The median age of the city’s residents is 45. The average household income is $125,595, shifting growth 5% from the past year, and the average property value in Ridgefield, CT growth 4% to $682,400 throughout the year.
|Number Of Employees||3,731|
|Median Property Value||$682,400|
The average household income in Ridgefield, CT grew from $119,338 to $125,595 in the past year. This data is an estimate based upon 3,072 households in Ridgefield, CT . The chart below presents how household income is distributed in Ridgefield, CT in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Ridgefield, CT shifted from $657,500 to $682,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Ridgefield, CT in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Ridgefield, CT properties falls in the '$500,000 to $749,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ridgefield, CT compared to median property taxes around the country. The prevalent amount of property taxes in Ridgefield, CT equals $3000, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|1 bed apartments||$479,000||N/A|
|2 bed apartments||$399,000||N/A|
|4+ bed apartments||$774,000||-2.5%|
During Aug 2021, the average price for an apartment in/near Ridgefield, CT increased by 5.4% to $774,000.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $479,000 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $399,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $774,000 for a big-family home.
|Listing Type||Aug||vs Last Month|
|Lofts for sale||$739,000||+54.3%|
|Houses for sale||$809,000||+1.9%|
|Condos for sale||$399,000||N/A|
According to statistics, average house is still $809,000 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $399,000. The price statistics of lofts have not significantly changed, it now still goes for $739,000.
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